YEARLY HIGH
0.0136 BGN
YEARLY LOW
0.0129 BGN
YEARLY AVERAGE
0.0133 BGN

2023 DZD to BGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the DZD to BGN exchange rate experienced significant fluctuation. The market reached its absolute peak on October 31, valuing the pair at 0.0136. Conversely, the yearly low was recorded on July 13, dropping to 0.0129.

This high-to-low spread represents a total annual volatility of 0.0007 BGN. From a start-to-finish perspective, comparing the January average rate of 0.0133 to the December average rate of 0.0133, the exchange rate registered a net change of 0.14% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0136 was down 6.26% compared to the 2022 peak of 0.0145, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 DZD based on timing:

Yearly Peak High 68 BGN
2022 Average 65 BGN
Yearly Trough Low 65 BGN
Transaction Impact: A difference of 3.37 BGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0135
0.0130
JanuMarcMayJulySeptNove

DZD to BGN Seasonal Trends & Volatility Analysis

A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.

Seasonal Halves (H1 vs H2)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 0.0133, compared to 0.0133 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0000 points.

H1 Avg (Jan–Jun) 0.0133
H2 Avg (Jul–Dec) 0.0133

Volatility Range Comparison

Volatility

The most volatile month in 2023 was December, with a trading range of 0.0004 BGN (High: 0.0135 / Low: 0.0131). On the other end, August was the most stable month, with a tight range of 0.0002 BGN (High: 0.0133 / Low: 0.0131).

December Spread (Volatile) ±0.0004
August Spread (Stable) ±0.0002

Growth Streaks & Declines

Trends

Between July and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0003 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0003

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 0.0135) against the same month in 2022 (average: 0.0142), the exchange rate shifted by -0.0007 (-4.79%).

2023 Avg (October) 0.0135
2022 Avg (October) 0.0142

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0135 0.0132 0.0133
February 0.0136 0.0132 0.0134
March 0.0136 0.0132 0.0134
April 0.0132 0.0131 0.0132
May 0.0134 0.0130 0.0132
June 0.0134 0.0131 0.0133
July 0.0133 0.0129 0.0131
August 0.0133 0.0131 0.0132
September 0.0135 0.0132 0.0134
October 0.0136 0.0134 0.0135
November 0.0136 0.0133 0.0134
December 0.0135 0.0131 0.0133